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  • $8,950,000

    785 Park Ave APT 17BC, New York, NY 10021

    2beds
    3,500sqft
    Loading
    Coop
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $2,557/sqft
    $13,484/mo HOA

    What's special

    Gallery lightingGlimpses of central parkBeautifully landscaped roof gardenSleek stainless-steel kitchenContinuous honed limestone flooringCarefully considered sightlinesFloating walls
    A minimalist masterpiece by Michael Gabellini, this exceptional Park Avenue residence is a study in serenity, scale, and refined craftsmanship. Bathed in natural light from four exposures, the home unfolds as a calm, beautifully proportioned living space where clean lines and a curated palette create an atmosphere that is both modern and timeless. Spanning approximately 3,500 square feet across six well-balanced rooms, the layout flows seamlessly, with open living and dining spaces designed for both relaxed daily living and elegant entertaining. Subtle custom finishes and thoughtfully integrated details enhance the sense of quiet luxury throughout. French plaster walls and ceilings, paired with continuous honed limestone flooring, establish a quiet, luminous backdrop. Designed with an art collector in mind, the residence incorporates floating walls, gallery lighting, and carefully considered sightlines for both intimate living and curated display. What truly sets this home apart is its extraordinary connection to the outdoors. Nearly 1,700 square feet of private terraces wrap the residence, creating a seamless extension of the interior living space. These expansive terraces—framed by open exposures to the south, west, and east—offer breathtaking views over Park Avenue, glimpses of Central Park, and the iconic Rosario Candela. Whether for morning coffee, quiet afternoons, or evening entertaining, they transform the home into a rare and elevated retreat in the sky. The dramatic living room, grand in scale and facing west over Park Avenue, opens onto two beautifully matched terraces. Adjacent, an open library—defined by bespoke glass and steel rolling doors—connects to a serene guest suite with a luminous ensuite bath featuring translucent glass walls. The library flows into a well-proportioned dining room designed for elegant entertaining, and a sleek stainless-steel kitchen. Beyond, a private office with a Murphy bed and full bath offers flexibility for guests or additional workspace. The primary suite with two custom dressing closets and a serene, spa-like bath with hand-carved marble sinks and softly glowing translucent glass walls. Minimalist in design yet warm in feeling, this residence is a true retreat—an elevated, light—filled oasis in one of Park Avenue’s most coveted address. Triple-paned windows ensure exceptional quiet throughout, enhancing the residence’s sense of calm. Every detail—material, proportion, and light—has been thoughtfully considered, resulting in a home that is as sophisticated as it is livable. Located at 785 Park Avenue, a distinguished prewar cooperative on the Upper East Side, residents enjoy impeccable service, a private fitness center, individual storage, a beautifully landscaped roof garden and a newly renovated Art Deco-inspired lobby. Offered in impeccable condition, this architecturally significant residence is a rare opportunity to own a true Park Avenue sanctuary—where design, materials, and expansive terraces come together in perfect harmony. 50% Financing Permitted; 2% Flip Tax paid by buyer; Pets are welcome. Co-exclusive.
    48 days
    |
    236
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Elliman 917-664-0029,

    Michael Lorber,

    Kym Spiegel

    Source: StreetEasy,MLS#: S1830581

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bike Room
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Washer/Dryer
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 3,500
      • Total interior livable area: 3,500 sqft

      Property

      Features
      • Patio & porch: Terrace
      • Exterior features: Terrace
      • Has view: Yes
      • View description: City, Skyline
      Details
      • Parcel number: 01408000117BC
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: Cooperative
      • Property subtype: Coop
      Condition
      • Year built: 1940

      Community & HOA

      Community
      • Features: Doorman, Full Time Doorman
      • Security: Doorman, Full-Time Doorman
      • Subdivision: Lenox Hill
      HOA
      • Has HOA: Yes
      • Amenities included: Roof Deck, Fitness Center, Elevator(s)
      • Services included: Maintenance
      • HOA fee: $13,484 monthly
      Location
      • Region: New York

      Financial & listing details

      • Price per square foot: $2,557/sqft
      • Tax assessed value: $51,952,000
      • Annual tax amount: $2,348,730
      • Date on market: 6/15/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $35,000/mo

        Price history

        DateEventPrice
        11/3/2025Price change$8,950,000-10.1%$2,557/sqft
        Source: StreetEasy #S1697152 Report a problem
        10/18/2024Price change$9,950,000-13.5%$2,843/sqft
        Source: StreetEasy #22871542 Report a problem
        5/28/2024Price change$11,500,000-14.8%$3,286/sqft
        Source: StreetEasy #22871542 Report a problem
        2/5/2024Listed for sale$13,500,000$3,857/sqft
        Source: StreetEasy Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2019-- --
        2018$2,348,730 $23,378,400 +8.6%
        2017-- $21,517,650
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Upper East Side

        Getting around

        98 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        80 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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